Fokker Treasury Implements IT2 TMS

Fokker Technologies has selected the IT2 Treasury Management Solution (TMS), which will provide Fokker with enhanced financial infrastructure to accommodate growth across the five companies of the group. The IT2 TMS will develop the group’s ability to operate an in house banking function, empowering it to make best use of available bank relationships and funding.

A comprehensive risk management and hedging programme will furthermore be supported, providing the means for the group to identify and manage sources of risk and counterparty exposures. Also of note is a sophisticated ground up cash forecasting capability, enabling the application of statistical modelling and hedging to cash and liquidity planning. Web-based remote reporting will be available to Fokker businesses via IT2 NET, providing for more timely, streamlined reporting to group treasury.

“IT2 equips Fokker Technologies to navigate strong growth, complex, often big, exposures and a diverse counterparty system with significantly increased confidence,” said Jeroen Beljaars, director of treasury, tax and corporate finance, Fokker Technologies. “The group is securing a highly automated treasury that embodies best practice as recognised by both treasurers and auditors. Improved processes, visibility and risk management will yield definite financial advantages.”


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